Knocknacarra lacked proper amenities for a long time but has recently benefited from a new shopping centre and a new primary school making it all the more attractive to growing families. Secondary schools are nearby on Taylor’s Hill and Threadneedle Road, and NUIG and UCHG are within a short commute. The popular seaside location of Salthill is also close by, making Knocknacarra a desirable location to settle down. Sherry FitzGerald Kavanagh has a number of homes in the area all priced under €300,000.

The correction in the residential housing market continued over the summer months; however the rate of decline moderated further on the quarter two results, according to Sherry FitzGerald, Ireland's largest estate agents.